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Thursday
Dec222011

VIDEO - Barry Ritholtz On Euro Bailout Insanity

Pretty decent interview recorded yesterday.  Runs 4 minutes.

 

DateDec 22, 2011 at 12:18 PM | Comment2 Comments | |

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Reader Comments (2)

They can't even bail out Italy's $2.7 Trillion. Leverage? That's what caused this, in the first place. "Sophisticated market engineering" is a fancy term for fraud. It's not just insanity. It's organized crime.

http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/
Dec 22, 2011 at 1:06 PM | Unregistered CommenterGeorge Forfa
"Through the magic of being able to take any sort of paper"

"Is that like money laundering?"

Amazing quotes from this excellent analysis.
Dec 28, 2011 at 12:07 PM | Unregistered CommenterRaul

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